TNT UK has clinched a major three year deal with the Home Office for the secure delivery of passports and related documents, motortransport.co.uk can reveal. The logistics operator will take over the contract from incumbent DX Group in January, following a competitive tender, which saw DX Group knocked out of the running in May this year. At the time DX Group expressed its disappointment and said it had bid on “commercially realistic terms”. Read more TNT UK sees continuing loss as […]
The European Commission (EC) has extended the deadline for the completion of its investigation into FedEx’s proposed acquisition of TNT.
The European Commission (EC) believes “substantial remedies are needed” before the proposed takeover of TNT Express by UPS can be cleared. In a merger review speech made on Friday (2 November), Joaquín Almunia, EC vice-president responsible for competition, said that “serious competition concerns would arise” if it went ahead without revisions. Last month the EC revealed that approval would only come if the resulting company would be challenged enough by other parcel firms. TNT Express and UPS have since received […]